Do Kwon faces sentencing in New York as TerraUSD collapse returns to spotlight

Do Kwon faces sentencing in New York, reviving focus on the TerraUSD collapse. Prosecutors seek 12 years; defense asks for five in the Terra fraud case. Kwon, Terraform settled with SEC, paying major fines over TerraUSD failures. дальше »

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Crypto X divided on Do Kwon’s guilty plea

Do Kwon’s fall from crypto wunderkind to fraudster has recently reached its final act. The Terraform Labs co-founder, once hailed as a visionary, has pleaded guilty to charges tied to the $40 billion collapse of TerraUSD and Luna. As one… дальше »

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Do Kwon pleads guilty on two charges, faces potential 12-year sentence

Do Kwon pleaded guilty to federal fraud charges in Manhattan court, with his sentencing set for Dec. 11. As Inner City Press reported on Aug. 12, Kwon admitted he orchestrated a cryptocurrency scheme that prosecutors allege caused over $40 billion in losses when LUNA and TerraUSD tokens collapsed in May 2022. дальше »

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Former Terraform Labs Boss Do Kwon Pleads Guilty to Conspiracy, Fraud Over $44B Crash

Terraform Labs co-founder Do Kwon admitted guilt on fraud and conspiracy charges related to the 2022 TerraUSD collapse that cost investors $45 billion. The post Former Terraform Labs Boss Do Kwon Pleads Guilty to Conspiracy, Fraud Over $44B Crash appeared first on Coinspeaker. дальше »

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Do Kwon Pleads Guilty in $40 Billion TerraUSD Collapse

Сообщение Do Kwon Pleads Guilty in $40 Billion TerraUSD Collapse появились сначала на Coinstelegram.

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Сооснователь Terraform Labs До Квон предстанет перед судом через год

Сооснователь Terraform Labs До Квон (Do Kwon) предстанет перед нью-йоркским судом в начале следующего года по обвинению в мошенничестве из-за краха стейблкоина TerraUSD в 2022 году. дальше »

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Do Kwon’s trial set for January 2026 as prosecutors review vast evidence

Do Kwon's trial on TerraUSD collapse charges is set for Jan 2026 in NYC. Prosecutors grapple with vast evidence and translation challenges. The post Do Kwon’s trial set for January 2026 as prosecutors review vast evidence appeared first on Crypto Briefing. дальше »

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Do Kwon Pleads Not Guilty in Expanding TerraUSD Fraud Case

South Korean cryptocurrency entrepreneur Do Hyeong Kwon, co-founder of Terraform Labs pleaded not guilty on Thursday to multiple fraud charges in Manhattan federal court. дальше »

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Do Kwon Pleads Not Guilty to Fraud Following Extradition to US: Reuters

Kwon's Terraform Labs developed the luna cryptocurrency and stablecoin terraUSD, which folded in 2022, losing an estimated $40 billion дальше »

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Do Kwon pleads not guilty in US court to fraud charges

A Manhattan hearing today saw Terraform Labs co-founder, Do Kwon, deny charges tied to the TerraUSD collapse. Do Kwon, the co-founder the co-founder of Terraform Labs, pleaded not guilty to criminal fraud charges in a Manhattan federal court on Thursday… дальше »

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Montenegro Green Lights Do Kwon’s Extradition to the US

Montenegro approves Do Kwon's extradition to the US for fraud charges tied to the $40B TerraUSD collapse and hidden asset allegations. The post Montenegro Green Lights Do Kwon’s Extradition to the US appeared first on BeInCrypto. дальше »

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Montenegro completes Do Kwon’s extradition to the US

Montenegro has completed the extradition of Do Kwon, the founder of collapsed crypto project TerraUSD/Luna. Kwon was arrested in Montenegro in 2023 and unsuccessfully fought extradition to the US. дальше »

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Do Kwon to be extradited to US, Montenegro’s justice minister confirms

Montenegro approves Do Kwon extradition to the US for charges linked to TerraUSD's collapse, following a Supreme Court ruling. The post Do Kwon to be extradited to US, Montenegro’s justice minister confirms appeared first on Crypto Briefing. дальше »

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Terraform Labs and Do Kwon Settle with SEC Over TerraUSD Collapse

Terraform Labs and Do Kwon reached a tentative settlement with the SEC over misleading investors before the TerraUSD collapse. The post Terraform Labs and Do Kwon Settle with SEC Over TerraUSD Collapse appeared first on BeInCrypto. дальше »

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Terraform Labs, Do Kwon reach preliminary deal with SEC in TerraUSD case

The U.S. Securities and Exchange Commission and Terraform Labs, along with Do Kwon, have reached a preliminary settlement concerning charges of misleading investors about TerraUSD. Singapore-based Terraform Labs and its founder Do Kwon have reached a tentative settlement with the… дальше »

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Trial against Terraform Labs and Do Kwon to begin in NYC in Kwon’s absence

The trial against Terraform Labs and Do Kwon begins in NYC post-prison release. SEC accuses Kwon of fraud over TerraUSD collapse, sparking $40B loss. As the NYC trial unfolds, the US and South Korea are fighting for his extradition. дальше »

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Terraform Labs In The Hot Seat: Trial Begins As Do Kwon’s Final Extradition Decision Looms

Terraform Labs is set to face a high-stakes trial on Monday, grappling with civil fraud allegations linked to the collapse of its TerraUSD stablecoin in 2022. Meanwhile, Terra co-founder Do Kwon remains in Montenegro awaiting the decision on whether he will be extradited to the United States or South Korea to face criminal charges.  Terraform […] дальше »

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What is happening around Terraform Labs and Do Kwon now?

The Terraform Labs and UST crisis triggered a market crash, costing investors billions. Now, nearly two years on, what’s the current state of this cryptocurrency turmoil? Do Kwon, the founder of Terraform Labs and the developer of TerraUSD (UST) and… дальше »

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Terra’s Do Kwon Facing Yet Another Lawsuit

Do Kwon and others involved in the TerraUSD project are facing a $57 million class action suit from aggrieved investors. Terra Lawsuit Alleges Fraud Do Kwon and associates are facing... дальше »

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Wanted? Do Kwon says he’s not ‘on the run’

The collapse of Terra (LUNA/USD) and its TerraUSD stablecoin project continues to feature in the latest crypto news nearly four months since the event (a $45 billion project just flushed down the drain) impacted millions of investors. дальше »

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Do Kwon Thinks An Employee Was Behind The Depegging Of TerraUSD But Fully Accepts All The Blame

While several inquests have been carried out into de-pegging TerraUSD (UST) from the U.S dollar, the project’s founder believes that a mole might be responsible for triggering the chain reaction. дальше »

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Terra Founder Do Kwon allegedly voted on his own proposal using one of his secret wallets

Do Kwon, the founder, and CEO of Terraform Labs, has faced multiple allegations of foul play regarding the collapse of the Terra (LUNC) cryptocurrency and TerraUSD (USTC) stablecoin. The post Terra Founder Do Kwon allegedly voted on his own proposal using one of his secret wallets appeared first on CryptoSlate. дальше »

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Crypto Community Reacts To News That Kwon Silently Cashed Out $80 Million Monthly Before Terra Implosion

In a shocking twist, the U.S. Securities and Exchange Commission (SEC) has reportedly uncovered evidence that shows Terraform Labs CEO Do Kwon was withdrawing $80 million worth of LUNA (now called Luna Classic) and TerraUSD every month in the lead-up to the collapse of the Terra ecosystem in May. дальше »

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Do Kwon Sheds Light On LUNA’s Implosion As Terra 2.0 Ecosystem Revival Plan Gains Momentum

Amid the uproar caused by TerraUSD (UST) de-pegging, the project’s co-founder Do Kwon appears to have nerves of steel as he remains unfazed by all the chaos. дальше »

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Do Kwon Warns Terra Community Not To Use LUNA Burn Address

Do Kwon’s co-founder and CEO of TerraForm Labs recently announced the Terra revival plan and received mixed reactions; many of them have questioned the effectiveness of a hard fork in reviving the fallen price of Terra (LUNA) and TerraUSD (UST) tokens. дальше »

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Do Kwon Not Giving Up On LUNA Just Yet, Plans Radical Shift To Keep The Terra Ecosystem Alive

After the horrific events of the last week following TerraUSD’s (UST) de-pegging from the US dollar, Terra’s founder is not giving up on the project. дальше »

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Terra Luna Officially Dead, Do Kwon Releases More Statements on Twitter

After a coordinated attack last week that de-pegged the TerraUSD stablecoin, LUNA was sent into freefall as more and more coins were being minted to attempt to re-stabilize UST. Unfortunately, this caused a vicious cycle that pushed LUNA’s price to worthless levels, effectively wiping out billions of dollars worth of Terra Luna value. дальше »

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LUNA Investors ‘Suicidal’ After Crypto’s Collapse – Do Kwon Says He’s ‘Heartbroken’

Do Kwon, the creator of defunct cryptocurrencies TerraUSD and LUNA, is now the subject of criticism and investigation after the failure of his enterprise sparked a significant market-wide catastrophe this week. дальше »

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Do Kwon’s Roadmap For TerraUSD To Regain Its Peg As LUNA Tanks

Terra’s week from hell continues as its stablecoin remains far from the dollar peg while its native coin has slumped to zero. However, on Wednesday, Terra founder Do Kwon came up with a roadmap to restore UST’s peg. дальше »

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Криптовалюта не может упасть до нуля, говорили они. Binance остановила торги LUNA и UST

В связи с критическими проблемами в экосистеме Terra, Binance остановила торги токенами LUNA и UST. История проекта Компания Luna Foundation Guard (LFG) и ее лидер До Квон (Do Kwon) прославились своим обещанием купить биткоины на общую сумму более $10 млрд для обеспечения многообещающего стейблкоина TerraUSD (UST). дальше »

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Terra's Do Kwon Finally Releases Recovery Plan for UST, Community Recalls "Lehman Brothers" Tragedy

Here's how Terra (LUNA) team is going to address collapse of TerraUSD (UST) stablecoin дальше »

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Bitcoin price target now $29K, trader warns after Terra weathers $285M ‘FUD’ attack

Doom and gloom continues for Bitcoin markets as Terra’s Do Kwon brushes aside a “deliberate and coordinated“ attack on its TerraUSD and LUNA tokens. дальше »

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Terra’s Do Kwon Buys $230 Million of Bitcoin

Do Kwon targets $10 billion BTC to back TerraUSD (UST). Terraform Labs founder and…

The post Terra’s Do Kwon Buys $230 Million of Bitcoin appeared first on Coin Journal.

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Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’

Terra co-founder Do Kwon reveals that the firm will be buying Bitcoin “in perpetuity” to back new mints of its TerraUSD stablecoin. дальше »

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‘We’re already buying:’ Terra founder plans to obtain $10B BTC for reserves

Kwon also bullishly emphasized that its stablecoin TerraUSD backed by $10 billion-plus in BTC reserves will “open a new monetary era of the Bitcoin standard.” дальше »

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UST Grows 55x to Become the 4th Largest Stablecoin, Terra DeFi Ecosystem Amasses $18B in Assets

As predicted by Terra CEO Do Kwon earlier this year, the stablecoin TerraUSD (UST) has reached 10 billion supply before 2021 has been over. “UST marketcap is now $10B, the first decentralized stablecoin to achieve this milestone. дальше »

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